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A six-year annuity of $8500 quarterly payments will begin 9 years from now.The discount rate is 9%, compounded quarterly. A.) How much is this annuity worth 5 years from now? B.) How much is the annuity worth 2 years from now? C.) And how much is the annuity worth today?

 Oct 4, 2015
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You can go to this link and look up the "Formula Table", which has ALL the common financial formulas used in your calculations. https://en.wikipedia.org/wiki/Time_value_of_money

 Oct 4, 2015

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